Health Care Facilities
Health Care Facilities is losing market weight. Gained weight for 1 consecutive month.
Most of this industry's losses came from a few companies.
Where did the weight change come from?
12-month contribution in universe percentage points · contributions add to the industry change
The three largest same-direction contributors explain 100% of gross losses. Opposing contributions can make an individual company’s change larger than the industry’s net change.
How has it moved through history?
Share of matched S&P 500 members
Jan 2018 – Oct 2020 · market weight (%)
Relative performance
Industry return versus ACWI · no future data shown
Is participation broad or concentrated?
Actual constituent counts at this date, not the legacy synthetic breadth proxy
This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.
Evidence can disagree
Independent dimensions · no combined score or bullish/bearish verdict
Other evidence and availability
Valuation data: unavailable; shown as zero placeholder.
Attention data: unavailable; shown as zero placeholder.
Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.
Volume / turnover: unavailable in this dataset.
Follow the contribution to individual companies
Sorted by absolute 12-month weight contribution, not investment merit
| Company | Sub-industry | Country | Universe weight | 12M contribution | 12M price return | Revisions |
|---|---|---|---|---|---|---|
| HCA Healthcare → HCA | Health Care Facilities | United States | 0.199% | -0.039 pp | -6.6% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Oct 2020 | 0.199% | +0.198 pp | +0.198 pp | -0.010 pp | -0.039 pp | -11.2% |
| Sep 2020 | 0.000% | -0.000 pp | +0.000 pp | +0.000 pp | -0.218 pp | -5.8% |
| Aug 2020 | 0.000% | +0.000 pp | +0.000 pp | +0.000 pp | -0.223 pp | -2.5% |
| Jul 2020 | 0.000% | +0.000 pp | -0.208 pp | -0.232 pp | -0.243 pp | -10.9% |
| Jun 2020 | 0.000% | -0.000 pp | +0.000 pp | -0.246 pp | -0.249 pp | -29.0% |
| May 2020 | 0.000% | -0.208 pp | +0.000 pp | -0.237 pp | -0.241 pp | -15.5% |
| Apr 2020 | 0.208% | +0.208 pp | -0.024 pp | -0.029 pp | -0.035 pp | -7.3% |
| Mar 2020 | 0.000% | -0.000 pp | -0.246 pp | -0.218 pp | -0.256 pp | -21.5% |
| Feb 2020 | 0.000% | -0.232 pp | -0.237 pp | -0.223 pp | -0.276 pp | -11.3% |
| Jan 2020 | 0.232% | -0.014 pp | -0.005 pp | -0.011 pp | +0.074 pp | -12.7% |
| Dec 2019 | 0.246% | +0.009 pp | +0.028 pp | -0.003 pp | +0.093 pp | -5.0% |
| Nov 2019 | 0.237% | -0.000 pp | +0.014 pp | -0.004 pp | +0.072 pp | -14.1% |
| Oct 2019 | 0.237% | +0.019 pp | -0.006 pp | -0.005 pp | +0.081 pp | -10.2% |
| Sep 2019 | 0.218% | -0.005 pp | -0.031 pp | -0.038 pp | +0.065 pp | -13.8% |
| Aug 2019 | 0.223% | -0.020 pp | -0.018 pp | -0.053 pp | +0.073 pp | -9.2% |
| Jul 2019 | 0.243% | -0.006 pp | +0.000 pp | +0.085 pp | -0.010 pp | +5.6% |
| Jun 2019 | 0.249% | +0.008 pp | -0.007 pp | +0.096 pp | +0.032 pp | +25.7% |
| May 2019 | 0.241% | -0.002 pp | -0.035 pp | +0.076 pp | +0.023 pp | +19.9% |
| Apr 2019 | 0.243% | -0.014 pp | +0.084 pp | +0.086 pp | +0.037 pp | +27.0% |
| Mar 2019 | 0.256% | -0.019 pp | +0.103 pp | +0.103 pp | +0.048 pp | +32.3% |
| Feb 2019 | 0.276% | +0.118 pp | +0.111 pp | +0.126 pp | +0.068 pp | +42.2% |
| Jan 2019 | 0.158% | +0.005 pp | +0.002 pp | -0.095 pp | -0.046 pp | +50.2% |
| Dec 2018 | 0.153% | -0.012 pp | -0.000 pp | -0.064 pp | -0.051 pp | +44.8% |
| Nov 2018 | 0.165% | +0.008 pp | +0.015 pp | -0.054 pp | -0.040 pp | +55.5% |
| Oct 2018 | 0.157% | +0.003 pp | -0.096 pp | -0.049 pp | -0.048 pp | +46.1% |
| Sep 2018 | 0.153% | +0.004 pp | -0.064 pp | -0.055 pp | -0.051 pp | +40.9% |
| Aug 2018 | 0.150% | -0.103 pp | -0.069 pp | -0.058 pp | -0.054 pp | +36.7% |
| Jul 2018 | 0.253% | +0.036 pp | +0.047 pp | +0.049 pp | +0.049 pp | +27.1% |
| Jun 2018 | 0.217% | -0.001 pp | +0.009 pp | +0.013 pp | +0.013 pp | +8.2% |
| May 2018 | 0.219% | +0.013 pp | +0.010 pp | +0.014 pp | +0.014 pp | +8.1% |
| Apr 2018 | 0.206% | -0.002 pp | +0.002 pp | +0.002 pp | +0.002 pp | +0.5% |
| Mar 2018 | 0.208% | +0.000 pp | +0.004 pp | +0.004 pp | +0.004 pp | +2.3% |
| Feb 2018 | 0.208% | +0.004 pp | +0.004 pp | +0.004 pp | +0.004 pp | +3.1% |
| Jan 2018 | 0.204% | +0.000 pp | +0.000 pp | +0.000 pp | +0.000 pp | +0.0% |
How are these descriptive states defined?
Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.
Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.
Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.
Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.
Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.